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Question 25 (1 point) Megan and Steve have found a home they want to purchase. The selling price is $320,000. They will put 20% down
Question 25 (1 point) Megan and Steve have found a home they want to purchase. The selling price is $320,000. They will put 20% down and get a 30 year, 6% APR, monthly payment mortgage. Insurance is $1,800 per year and taxes are $3,000 per year. What is their monthly PITI? a) $1,684.85 Ob) $1,784.85 OC) $1,934.85 d) $1,534.85 Question 24 (1 point) Jordan's gross monthly salary is $6,000. If according to the rule of 36 she can afford a maximum PITI of $1,550, what must her consumer credit debt be? a) $130 b) 5550 c) S250 d) s610
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